Equivalent Units of Conversion Costs The Rolling Department of Jabari Steel Company had 800 tons in beginning work in process inventory (60% complete) on October 1. During October, 15,600 tons were completed. The ending work in process inventory on October 31 was 1,200 tons (25% complete). What are the total equivalent units for conversion costs? 16,380 X units Feedback

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Equivalent Units of Conversion Costs
The Rolling Department of Jabari Steel Company had 800 tons in beginning work in process inventory (60% complete) on October 1. During October, 15,600 tons were completed. The ending work
in process inventory on October 31 was 1,200 tons (25% complete).
What are the total equivalent units for conversion costs?
16,380 X units
Feedback
Transcribed Image Text:Equivalent Units of Conversion Costs The Rolling Department of Jabari Steel Company had 800 tons in beginning work in process inventory (60% complete) on October 1. During October, 15,600 tons were completed. The ending work in process inventory on October 31 was 1,200 tons (25% complete). What are the total equivalent units for conversion costs? 16,380 X units Feedback
Cost of Units Completed and in Process
The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of
production.
Work In Process-Assembly Department
Bal, 30,000 units, 40% completed
Direct materials, 400,000 units $11.25
Direct labor
1,075,500 to Finished Goods, 406,000 units
4,500,000
4,012,000
20,060,000
Factory overhead
Bal., 2 units, 30% completed
Cost per equivalent units of $11.25 for Direct Materials and $60.00 for Conversion Costs.
a. Based on the above data, determine the different costs isted below.
1. Cost of beginning work in process Inventory completed this period
2. Cost of units transferred to finished goods during the period
3. Cost of ending work in process inventory
4. Cost per unit of the completed beginning work in process inventory (Rounded to the
nearest cent.)
b. Did the production costs change from the preceding period?
0000
c. Assuming that the direct materials cost per unit did not change from the preceding period, did the conversion costs per equivalent unit increase, decrease, or remain the same for the current
period?
Transcribed Image Text:Cost of Units Completed and in Process The charges to Work in Process-Assembly Department for a period, together with information concerning production, are as follows. All direct materials are placed in process at the beginning of production. Work In Process-Assembly Department Bal, 30,000 units, 40% completed Direct materials, 400,000 units $11.25 Direct labor 1,075,500 to Finished Goods, 406,000 units 4,500,000 4,012,000 20,060,000 Factory overhead Bal., 2 units, 30% completed Cost per equivalent units of $11.25 for Direct Materials and $60.00 for Conversion Costs. a. Based on the above data, determine the different costs isted below. 1. Cost of beginning work in process Inventory completed this period 2. Cost of units transferred to finished goods during the period 3. Cost of ending work in process inventory 4. Cost per unit of the completed beginning work in process inventory (Rounded to the nearest cent.) b. Did the production costs change from the preceding period? 0000 c. Assuming that the direct materials cost per unit did not change from the preceding period, did the conversion costs per equivalent unit increase, decrease, or remain the same for the current period?
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